WINNIPEG, Manitoba, July 20, 2015 /CNW/ -- Cargill celebrated the opening of its newest investment in Alberta – a state-of-the-art canola processing facility in Camrose, alongside Alberta farmers, industry stakeholders and dignitaries.
"We are very excited to mark the official opening of our newest state-of-the-art canola crush facility in Canada. This plant has the capacity to process over 1 million metric tonnes of canola per year and will provide Alberta canola growers with a competitive point of delivery in this region," said Ken Stone, Assistant Vice President for Cargill's Canadian canola processing business.
The new Cargill canola processing facility is the first major investment in Alberta's grains and oilseed sector in 30 years and further diversifies Alberta's agriculture sector and competitiveness in the global marketplace.
"The global demand for canola is on the rise, and we're targeting an increase to 26 million metric tonnes by the year 2025," says Patti Miller, president of the Canola Council of Canada. "More than half of this will be processed in Canada for markets around the world. Cargill's new plant takes us a step closer to achieving this goal."
Cargill operates eight businesses in Alberta across 22 locations with over 3,000 employees. With 34% of our Canadian investment in the province, we continue to increase our footprint with new builds, expansions, and upgrades to existing infrastructure. Throughout construction, approximately 1 million hours of employment were created in addition to 60 new permanent positions in Camrose.
This crush facility will also place Alberta's canola sector at a competitive advantage in the global marketplace as markets become available through the proposed Trans Pacific Partnership.
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. We have 152,000 employees in 67 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. For more information, visit Cargill.com and our News Center.
About Cargill in Canada
Headquartered in Winnipeg, Cargill Limited employs more than 8,000 people in Canada, from British Columbia to New Brunswick. In addition to its diverse agricultural businesses, Cargill's Canadian interests include enterprises in the food, manufacturing, financial and risk management industries.
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For further information: Connie Tamoto, 204-947-6187, Connie_Tamoto@cargill.com, http://www.cargill.com